UBS On-Air: Paul Donovan Daily Audio 'Micro and macro'
UBS On-Air: Market Moves · Podcast owner
August 28, 20241m 49s
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Show Notes
There is little macroeconomic data today. Asian markets have been moved by corporate news, with micro evidence of additional weakness from China’s consumers. At a time of structural change, the assumptions behind macroeconomic data can become further and further removed from reality. Corporate data should be more precise, but listed companies are relatively unimportant in most economies.